Posted Jun 26, 2021, 10:29 PM
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Join Date: Mar 2004
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European investments in Malaysia
Melaka
Germany's Leuze chooses Malaysia for first factory in Southeast Asia
By Farah Adilla February 22, 2021 @ 12:15pm
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KUALA LUMPUR: Leuze electronic GmbH + Co KG, one of the world class optical sensor producers, has picked Malaysia for its first production plant in Southeast Asia.
Leuze made the official announcement of the new manufacturing plant's opening in Malaysia during a virtual press conference in Januar while presenting its 2020 performance and outlook for 2021.
The plant, to be located in Melaka, is currently under rapid construction phase, Leuze said in a statement today.
Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Azman Mahmud said the decision spoke volumes of the confidence Leuze had in Malaysia.
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https://www.nst.com.my/business/2021...southeast-asia
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Last edited by nazrey; Aug 31, 2021 at 11:32 AM.
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